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Lower profits at US oil giants still mighty enough for big investor payouts
Lower profits at US oil giants still mighty enough for big investor payouts
Economy
by  AFP

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions. "In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company's history," said Chevron Chief Executive Mike Wirth of an 18 percent jump in payouts to $26 billion.

UK judge dismisses Greta Thunberg protest case
UK judge dismisses Greta Thunberg protest case
Economy
by  AFP

A London court threw out a public order case on Friday against climate activist Greta Thunberg and four other protesters, with the judge criticising "unlawful" conditions imposed by police when they were arrested.